Pradhan Mantri Jan - Dhan Yojana (PMJDY) :- The PMJDY is a National Mission for Financial Inclusion to ensure that every individual in the country has access the financial service. These would include access to banking , saving accounts, Remittance , credit, insurance, and pension in an affordable manner .Prime Minister given by Differet schemes in Indian states.The scheme was launched earlier this year by Indian Prime Minister. A lot of accounts have been opened thus far under the scheme. He had announced this scheme on his first Independence day speech on 15th August 2014. Run by Department of Financial Service, Ministry of Financial, on the inauguration Day, 1.5 Crore (15 million) bank accounts were opened under Prime Minister given by Different schemes in Indian states. this scheme Guinness World Recorded Recognises the Achievements made under PMJDY...

Pradhan Mantri Suraksha Bima Yojna (PMSBY) :- This insurance scheme was launched on May 09 , 2015 which says that a person will be given Rs. 02 lakh for accidental death In case of partila disability a person will be given Rs 01Lakh. Pradhan Mantri Suraksha Bima Yojna this scheme is available for people whose age is between 18 to 70 year.....
Social Security Scheme : - Indian government has launched following social security schemes...

Pradhan Mantri Jeevan Jyoti Yojana (PMJJY) :- This is also an insurance scheme which gives a life insurance of Rs.2 lakh with a premium of Rs.330 per year...

ATAL PENSION YOJNA (APY) :- The Scheme looks to provide monthly pension to subscribe from 60 year o age.. The scheme mainly focusses on workers in the Unorganised sector and is open to Indian citizen who are between 18-40 years of age......

National Pension Scheme :- The National Pension System (NPS) is a defined - contribution pension system operated by the Government of India. In 2004, the Government of India Decided to move from a defined - benefits pension system to a defined- Contribution pension system. National Pension Scheme Apart from offering a range of investing options to employs the schemes allows individuals to make decisions about where their pension fund is investing, permits limited withdraw prior to Retirement decisions, about National Pension Scheme where their pension fund is invested, permits limited withdraw prior to retirement and reduces the total pension liabilities of the Government of India.. The scheme is structured in two tiers....

A Tier-1 :- account is a basic retirement pension account available to all citizen from 1 May 2009.It does not permit withdraw of funds before retirement....
A Tier -2 :- account is a Prospective payment system (PPS) account that permits some withdraw of pension prior to retirement under National Pension Scheme exceptional circumstances, usually related to the provision o health care...
Pradhan Mantri Mudra Yojana :- Under the Micro Units Development and Refinance Agency (MUDRA) bank is a new institution being set up by Government of India for development and refinancing activities relating to micro units.. Under the scheme, Pradhan Mantri Mudra Yojana three categories of interventions has been named which includes...

Shishu : Loan up to INR 50,00.000....
Kishore : Loan ranging from INR 50,000 to 5 lakh...
Tarun : Loan above INR 5 Lakh and below INR 10 Lakh.....

These three categories will signify the growth; development and funding needs of the beneficiaries as well as it will assure the loan amount to be allowed / allotted by Micro

Units Development and Refinance Agency Bank....

Public Provident Fund :- The Public Provident Fund is savings-cum-tax-saving rt instrument in India, introduced by the National Saving Institute of the Ministry of Finance in 1968. The aim of the scheme is to mobilize small saving by offering an investment with reasonable returns combined with income tax benefits..

A minimum yearly deposits of Rs..500\is required to open and maintain a PPF account, and a maximum deposits of Rs. 1.5 Lakh (w.e.f. August 2014) can be made in a PPF account in any given financial year. Public Provident Fund .The subscriber should not deposits more than RS.1.50 lac per annum as the excess amount will neither earn any interest nor will be eligible for rebate under Income Tax act. The amount can be deposited in lump sum or in a maximum o 12 installment per year..

The government of India decides the rate of interest for PPF account. The current interest rate effective from Public Provident Fund 1 April 2013 is 8.70% per minimum Annum (compounded annually), Which was revised from 8.80% effective from 1 April 2012. Interest will be paid on 31th March every year. Public Provident Fund Interest is calculated on the lowest Balance between the close of the fifth day and the last day of every month....

BANK ON YOUR MOBILE : Now a days, you are not requiring going to banks for any kind of transaction. It is possible due mobile banking which is an advanced from of internet banking Now Banking came from web to your mobile with the help of internet.. So it is a pocket from of internet banking...

Mobile Banking :- Mobile Banking is a service provided by a bank or other financial institution that allows its customers to conducts some financial Transaction remotely using a mobile device such as a mobile phone or tablet. Mobile Banking Differ from mobile payments, which involves the uses of a mobile device to pay for goods or services at that point of sale or remotely, analogously to the use of a debit or credit card to effect an EFTPOS (electronic funds transfer at point of sale) payment...

The earliest mobile banking service used SMS, a service known as SMS banking, With the introduction of smart phones with WAP support enabling the use of the mobile web in1999, the first European banks started to offer mobile banking on this Platform to their customers.

In one academic model, mobile banking is defined as: Mobile Banking refers to Provision and availment of banking - and financial service with the help of mobile telecommunication devices.. The scope of offered service may include facilities to conduct bank stock market transaction, to administer account and to access customised information....

Mobile Wallet : Simply put, it's mobile-based virtual wallet, where you preload a certain amount in your account created with the mobile wallet service provider, and spend it at online and offline merchant listed with the mobile wallet service provider. For example, if you go to a coffee shop A, which is listed with XYZ mobile wallet, you can also pay through app, text message, social media account or website..

Types of mobile wallet : - There are four types of mobile wallet in Insia - open, semi-open, semi- closed and closed....

Open Wallets :- Open wallet are the ones that allow you to buy good and service, withdraw cash at ATM or a banks and transfer funds . These service can only be jointly launched with a bank. M-paisa by Vodafone and ICICI is one such example Apart from the usual merchant payments, it also allows you to send money to any mobile number bank account..
Semi-Open : Airtel Money is a semi-open wallet, which allows you to transact with merchants that have a contract with Airtel. you can't withdraw cash or get it back . you'll have to spend what you load..
Semi - Closed : There are semi-closed wallets like "PAYTM", which do not permit cash withdraw or redemption, but allow you to buy goods and service at listed merchants and perform financial service at listed Location..
Closed :- There are closed accounts, which are quite popular with e-commerce companies, where a certain amount of money is locked with the merchant in case of a cancellation or Return of the order, or gift cards..